Ri8 New Capital Compound is one of the latest projects of the real estate company ERG, which was announced recently, and which has strong cooperation with the Housing and Development Bank, and this project is one of the ideal investment opportunities in the Egyptian real estate market. The project is distinguished by its privileged location in one of the most exclusive areas in New Capital, and it also offers distinctive apartments that are luxurious and high-quality finishing
Buying units in Ri8 New Capital Compound is a profitable investment, due to the availability of high-level service facilities and entertainment for residents, as well as competitive unit prices in the real estate market. Therefore, Ri8 New Capital Compound is an excellent option for investors who are looking for profitable and high-quality real estate investment opportunities
Ri8 New Capital Compound location
Residents of Ri8 New Capital Compound, enjoy a prime location on the second row of the southern Bin Zayed axis, which makes them just a few minutes away from vital locations in the area that meet all their daily needs. Choosing to invest in the Ri8 Compound is a smart choice and a great opportunity to enjoy all the benefits of modern and luxurious life in the heart of New Capital
Ri8 New Capital Compound is characterized by its privileged location, which is located in the heart of the most vital areas in the capital, and allows residents to easily access a group of famous tourist and commercial attractions, as the project is located in the eighth district, plot H3.
For example, the Green River is only 3 minutes away from Ri8 Compound in New Capital, and the central business district is about 5 minutes away, in addition to the government district, which can be accessed by car in just a few minutes
In addition, Ri8 New Capital Compound can be reached from Al Amal Axis in only 10 minutes. The project also features a direct view of the iconic tower, which is one of the most prominent modern landmarks in New Capital. Finally, Ri8 New Capital Compound close to IL Bosco apartments
Ri8 New Capital Compound space and design
Ri8 New Capital Compound is distinguished by luxurious and unique architectural designs. Collaboration with the Engineer Mohamed Hafez Engineering Consultations Company was made to ensure excellent and suitable design for those with a discerning taste. The project is designed as follows:
- Approximately 18% of the total area has been allocated to construction, while the rest has been allocated to green spaces and landscapes
- Ri8 New Capital Compound includes 34 buildings that vary between apartments and duplexes, providing customers with the perfect choice to meet their residential needs and desires
- There are 1023 apartments in Ri8 New Capital Compound, with 4 apartments available on each floor, making it an ideal choice for small families and single individuals alike.
Ri8 New Capital Compound is a distinct choice for clients wishing to experience living in an upscale and comfortable community, while providing easy and quick access to vital landmarks and basic services in New Capital.
Ri8 New Capital Compound by Emaar Rizk is characterized by its remarkable diversity in designs and spaces, as the company aims to meet the needs and requirements of all tastes .
This diversity is evident in the available residential spaces in the Ri8 New Capital Compound, where the area of apartments starts from 135 square meters, while the area of duplexes starts from 350 square meters, allowing investors to own suitable residential units, whether their space is limited or spacious.
Ri8 New Capital Compound Services and facilities
Ri8 New Capital Compound includes many facilities and services that make it an integrated community and provide residents with a comfortable and distinctive atmosphere. Among these facilities and services are:
- The percentage of green spaces in the project is about 82%, and it includes gardens, areas for running and walking, and areas for social and family gatherings.
- The project has a number of swimming pools to meet the desires of the residents and provide comfort and recreation.
- Special areas have been designed for children containing various games and entertainment facilities
- The compound provides high-quality gym equipment to meet the needs of residents who want to keep fit.
- The compound includes many shops, restaurants, cafes, a cinema, and entertainment spaces to meet all the needs of the residents.
- The project provides an integrated security system and 24/7 monitoring to ensure the safety of residents and their properties.
- The project provides parking lots for residents and visitors to provide convenience and ease of access to the residential units.
- The company provides integrated maintenance services for residential units, facilities and public areas to maintain the quality of the project.
Ri8 New Capital Compound prices
Ri8 New Capital Compound stands out with competitive prices that are in line with its outstanding features and services. The company has made sure to set reasonable prices for the residential units to suit the customers’ budget. The price per square meter in Ri8 Compound ranges from 10,800 Egyptian pounds to 13,000 Egyptian pounds before the discount, making it a good investment opportunity for those who want to own a luxurious residential unit in a prime location in New Capital.
- An apartment in Ri8 New Capital Compound, with an area of 135 meters, and a price starting from 1,458,000 EGP
- Duplex inside Ri8 New Capital Compound, with an area of 350 meters, and a price starting from 3,780,000 EGP
Ri8 New Capital Compound payment systems
The ERG project enjoys many facilities that the company provides to customers to facilitate the purchase process, as it provides reservation and installment systems in different ways, from which customers choose what suits them, and it includes the following four systems:
- You can pay a 10% down payment, and pay the rest in installments over 7 years
- You can pay a 15% down payment, then 5% after a year, and pay the rest in installments over 10 years
- You can pay a 25% down payment and get a discount of 25% and pay the rest in installments over 4 years
- You can pay for the unit in cash and get a 45% discount.
Customers can immediately receive the Ri8 Compound units within a year, and the seriousness of booking in the project is distinguished by the fact that it amounts to only 20,000 pounds, and it is fully recovered without any administrative expenses.
As for the additional fees, the garage fee amounts to 80,000 pounds and is optional, while the club fee is 40,000 pounds and is optional during the launch period, but after the end of this period, the fees become compulsory
About the real estate developer
ERG Developments is a successful company in the real estate market, formed by the merger of four entities owned by Mr. Mohamed Rizk. With 17 years of experience in the real estate field, the company has successfully completed large-scale projects in several cities, including Damietta, Mansoura, and New Capital. As a trusted partner in the market, the company has a strong partnership with the Housing and Development Bank.
